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8401 NW 197th Ter, Hialeah, FL, 33015

$720,000

Home List Price

$8,550*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,446 SqFt
$294/SqFt
House

Location

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8401 NW 197th Ter, Hialeah$720,000

Buyer Closing Credits

$8,550*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Door Opener
Garage2 spaces
Year Built1992
HeatingCentral
CoolingElectric
WaterfrontLake Front, Lake Privileges
ViewLake
MLS #A11715823
StatusActive

About 8401 NW 197th Ter

This stunning two-story home features 4 bedrooms and 3.5 baths, offering a spacious layout perfect for family living. The property boasts a side yard with ample space for a boat, and a comfortable backyard with breathtaking lake views and direct access. The first floor is equipped with impact-resistant windows, while the second story has shutters for added protection. Currently tenant-occupied, the lease ends on February 7th. Residents enjoy the benefits of an association that includes common area landscaping, a security guard, and trash services. The community offers a pool and a guard house, ensuring privacy and safety for all residents.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1992
  • Stories: 2
  • Living Area: 2,446 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Marlily Macareno

Interior Features

Interior Information:

  • Flooring Type: Tile
  • Interior: Bidet, Dual Sinks, High Ceilings, Living/Dining Room, Tub Shower, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, Lake Privileges
  • View: Lake
  • Exterior: Storm/Security Shutters

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Driveway, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 8401 NW 197th Ter
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $720,000
  • Price Per SqFt: $294/SqFt

HOA Fees:

  • Amount: $120
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $6,366
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Hialeah, FL.

Map thumbnail provided by MapBox

Hialeah, FL

City

Med. Sold Price

$470.1K

Med. Price/SqFt

$324

Avg. Days On Market

53

# of Sold Homes

98

8401 NW 197th Ter vs Hialeah

3 DAYS ON ROCKET

-50 Days

$720,000

+$249.8K More

$294/SqFt

-$31 Less

KEY TAKEAWAY

This property is $249.8K more than the Median Sold Price and $31/SqFt less than other homes in Hialeah, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11715823

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Marlily Macareno

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 9:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,366$332,475
2018$6,131$327,590
2017$5,946$314,397

History based on county public records data.

Payment Calculator

$3,781

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,225

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-748679
8
/10

  • Spanish Lake Elementary School

  • 7940 NW 194th St

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-748680
8
/10

  • Coral Cove Elementary School

  • 5100 SW 148th Ave

  • 0.76 miles

  • Public District Grades KG-5

school-card-donut-748681
8
/10

  • Palm Springs North Elementary School

  • 17615 NW 82nd Ave

  • 1.35 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,510. Most Hialeah, FL residents have annual incomes between $35k-100k. Residents typically live in married, with kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8401 NW 197th Ter

What is the listing price of this property?

The listing price of 8401 NW 197th Ter property is $720,000.

What type of property is this?

The property 8401 NW 197th Ter is a house located in Hialeah, Florida, 33015.

Is this property for sale now?

Active Listing: 8401 NW 197th Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,366 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8401 NW 197th Ter has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 8401 NW 197th Ter is 2,446 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8401 NW 197th Ter is 1992.

Rocket Homes›Florida›Miami-Dade County›Hialeah›33015›8401 NW 197th Ter

This home is located at 8401 NW 197th Ter in Hialeah, FL and zip code 33015 in the Marbella Park neighborhood. This 2,446 square foot home was built in 1992. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 03, 2025 and is currently priced at $720,000.

While more than 10 listings in Hialeah, FL in December 2024 were sold above asking price, there were more than 25 listings sold at asking price, and more than 63 were sold below. In December 2024 in Hialeah, FL there were 2% more homes for sale than in November 2024. The median list price of listings available in December 2024 was $470,118, while the average time on the real estate market was 53 days.

From Rocket Homes Real Estate and based on county public records data.

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